|Policy status:||In Force|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Tax relief|
|Policy Target:||Multiple RE Sources|
|Policy Sector:||Framework Policy|
|Size of Plant Targeted:||Small and Large|
Adjustments to income tax on energy development projects, including net income reduction, accelerated depreciation, dividends reduced for foreign investors and compensation for losses.
For example, incentives for geothermal projects include an investment credit of 20% of the qualifying capital investment, an extended tax loss carry forward period for up to ten years, accelerated depreciation rates and a maximum dividend withholding tax of 10%.
Last modified: Fri, 20 Mar 2015 15:35:12 CET